Stronger dollar impacts copper prices
Copper prices fell on Tuesday as the impact of a strengthening dollar overwhelmed positive trade data from China, the world’s largest
Naira steady against dollar ahead of FOMC minutes
by Lukman Otunuga The Naira held its ground against the dollar Wednesday ahead of the anticipated U.S CPI reading and
Sterling seen under pressure on latest British GDP data as dollar holds tightly to gains
The British pound is likely to remain depressed as investors digest GDP figures released by the Office for National Statistics (ONS)
British pound pares gains on weaker than expected UK inflation data of 2.7%
The British pound sterling Tuesday weakened against a basket of world currencies, especially the U.S dollar, after the Office for
Gold prices move lower on Powell remarks
Gold prices moved lower on Tuesday, as comments by Federal Reserve Chairman Jerome Powell pushed the U.S. dollar higher despite the
Dollar rebounds after hitting three-year low
The dollar enjoyed a small rebound on Monday as investors bought back the currency after its plunge to three-year lows, although
South African rand increases more 1% amid ANC’s preparation to push out Zuma
South Africa’s rand jumped more than 1 percent to its firmest since June 2015 and bonds hit a one-week best on Wednesday after the
Oil, metals rally supports Asian stocks, dollar steady
Oil prices were supported around a 2-1/2 year top on Wednesday after an explosion of a Libyan crude pipeline sparked supply fears
European stocks drift as dollar extends decline
European stocks erased early losses to trade little changed as positive economic data in the region offset negative sentiment
Nigeria’s central bank injects $195m into forex market
Nigeria’s central bank said Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to